Budget 2019

Showing of 1 - 20 from 479 results
Budget 2019 - Total results - 479
Economic slowdown: Here are five more reforms Finance Minister Nirmala Sitharaman can look at to kick-start growth engines
Business

Economic slowdown: Here are five more reforms Finance Minister Nirmala Sitharaman can look at to kick-start growth engines

There are at least five big reforms that need doing, can quickly get-off the ground, and which will have lasting positive effects on growth

Budget rollbacks by Nirmala Sitharaman show decisiveness, but also highlight pitfalls of 'strong leadership'
India

Budget rollbacks by Nirmala Sitharaman show decisiveness, but also highlight pitfalls of 'strong leadership'

India’s GDP growth has fallen to below 6 percent in the first quarter and expected to fall further in the second.

'Strong, decisive' leadership seen as desirable, but Sitharaman's reversals to boost economy display its limitations
Politics

'Strong, decisive' leadership seen as desirable, but Sitharaman's reversals to boost economy display its limitations

A few things happened this week that may have surprised those who were under the impression that India was doing very well economically.

No 'out of ordinary steps' in Nirmala Sitharaman's presser, but willingness to offer solution is positive sign for investors
Business

No 'out of ordinary steps' in Nirmala Sitharaman's presser, but willingness to offer solution is positive sign for investors

The biggest takeaway from Nirmala Sitharaman's presser is that the government seems to have finally woken up to the economic slowdown and is showing a willingness to offer solutions

Parliament updates: J&K Reorganisation Bill 2019 passed 125-61 in Rajya Sabha; Upper house adjourned till 11 am tomorrow
Politics

Parliament updates: J&K Reorganisation Bill 2019 passed 125-61 in Rajya Sabha; Upper house adjourned till 11 am tomorrow

Parliament LIVE updates: 'I want to make it clear in front of the House that due to the removal of Article 370, there will be an end to long bloodshed in Kashmir': Home Minister Amit Shah said in Rajya Sabha.

Economic Affairs Secretary to soon hold discussions with FPI representatives: Nirmala Sitharaman
Business

Economic Affairs Secretary to soon hold discussions with FPI representatives: Nirmala Sitharaman

The government on Monday said it will soon hold discussions with representatives of foreign portfolio investors, amid continuing overseas fund outflow from the markets following the decision to impose a surcharge on a certain class of such investors

Economy shows signs of structural slowdown: Govt must work on urgent stimulus plan that Budget couldn’t deliver
Business

Economy shows signs of structural slowdown: Govt must work on urgent stimulus plan that Budget couldn’t deliver

There is no immediate respite seen for the economy till now. The signs of deeper trouble are flashing continuously indicating that the slowdown is turning structural in nature.

50 days of Narendra Modi govt: Centre makes its holistic intent visible, but challenges remain to be tackled
India

50 days of Narendra Modi govt: Centre makes its holistic intent visible, but challenges remain to be tackled

If the Narendra Modi government succeeds in maintaining the tempo of its work and intent it has shown in the first 50 days of its second term, India will be well poised to reap the demographic dividend

SEBI chief Ajay Tyagi writes to PMO, finance ministry seeking to reconsider Budget proposal on surplus fund transfer
Business

SEBI chief Ajay Tyagi writes to PMO, finance ministry seeking to reconsider Budget proposal on surplus fund transfer

Last week, a SEBI employees' body had reportedly sent a letter to Sitharaman opposing the Budget proposal that seeks to transfer 75% of the regulator’s surplus funds to the Consolidated Fund of India.

Enhancing delivery of quality health care: Biomedical engineers act as a bridge between modern medicine, engineering
Business

Enhancing delivery of quality health care: Biomedical engineers act as a bridge between modern medicine, engineering

From the concept to market reach and clinical trials, biomedical engineers are part of the health care ecosystem contributing to meeting the SDGs, especially universal health coverage.

Relaxing FDI limit in insurance intermediaries to strengthen distribution capabilities: Fitch Ratings
Business

Relaxing FDI limit in insurance intermediaries to strengthen distribution capabilities: Fitch Ratings

The Budget proposal of relaxing foreign investment limit in insurance intermediaries will strengthen distribution capabilities and increase international involvement, particularly from developed markets, Fitch Ratings said on Monday

Spat between Nirmala Sitharaman, scribes over North Block 'gag' undermines credibility of media, govt
Business

Spat between Nirmala Sitharaman, scribes over North Block 'gag' undermines credibility of media, govt

Many journalists invited by Finance Minister Nirmala Sitharaman to her post-Budget dinner on Friday night have decided to boycott it in response to an order barring even government-accredited journalists access to the finance ministry’s North Block offices without prior appointments

Budget 2019: FMCG sector disappointed over lack of big announcements to revive consumption; govt measures for rural push give some hopes
Business

Budget 2019: FMCG sector disappointed over lack of big announcements to revive consumption; govt measures for rural push give some hopes

Other FMCG products such as soap, toothpaste and hair oil now come under 18 percent tax bracket against the previous 23-24 percent rate.

Budget 2019: Proposal to remove ambiguity on tax neutrality of demerger is a positive move in right direction
Business

Budget 2019: Proposal to remove ambiguity on tax neutrality of demerger is a positive move in right direction

The taxpayer’s position for claiming tax neutrality for the entire transaction of demerger has been a matter of concern due to compliance with the applicable accounting framework.

Affordable housing: How to claim Income Tax deduction up to Rs 3.5 lakh on home loans
Business

Affordable housing: How to claim Income Tax deduction up to Rs 3.5 lakh on home loans

In Union Budget 2019, affordable housing got a further fillip with an increase in Income Tax deduction of Rs 1.5 lakh on home loans

FPIs can opt for corporate route to avail lower surcharge; hike is to provide benefit to taxpayers at lower end of slab: CBDT chief
Business

FPIs can opt for corporate route to avail lower surcharge; hike is to provide benefit to taxpayers at lower end of slab: CBDT chief

Experts said surcharge on capital gain on companies is lesser and, therefore, these FPIs could choose to come as a company, if they wanted to pay a lesser surcharge.

Direct tax collection target of Rs 13.35 lakh cr for current financial year is achievable: CBDT chairman PC Mody
Business

Direct tax collection target of Rs 13.35 lakh cr for current financial year is achievable: CBDT chairman PC Mody

The government has re-calibrated and fixed the direct taxes collection target for this financial year at Rs 13.35 lakh crore, a task that the CBDT chief said is difficult but achievable

Around 450 entities withdrew over Rs 100 cr each in cash from bank accounts in one year, prompting govt to levy TDS
Business

Around 450 entities withdrew over Rs 100 cr each in cash from bank accounts in one year, prompting govt to levy TDS

Just 448 entities withdrew over Rs 100 crore each taking the cumulative withdrawal to Rs 5.56 lakh crore in cash from bank accounts in one year, prompting the government to clamp down with a TDS on withdrawals of more than Rs 1 crore

Nirmala Sitharaman’s Budget is high on ambition but low on details; how will the big numbers be achieved?
Business

Nirmala Sitharaman’s Budget is high on ambition but low on details; how will the big numbers be achieved?

Echoing Prime Minister Narendra Modi, Sitharaman said in her Budget speech that India would be a $5-trillion economy in 5 years.

Union Budget 2019 outlines reforms to support economy, but lacks plan for fiscal consolidation: Fitch Ratings
Business

Union Budget 2019 outlines reforms to support economy, but lacks plan for fiscal consolidation: Fitch Ratings

India's budget outlined some reforms that could support the economy, but its fiscal stance was left broadly unchanged with no plans for meaningful consolidation, Fitch Ratings said on Wednesday